Article: XIDAN DEPARTMENT H1 NET PROFIT UP 676.08%


AsiaInfo Services
08-21-2009
Xidan Department H1 Net Profit Up 676.08%

BEIJING, Aug 21, 2009 (SinoCast Daily Business Beat via COMTEX) -- Beijing Xidan Department Store Co., Ltd. (SHSE: 600723), a major department store in Beijing, recorded CNY 22.84 million in net profit in the first half of 2009, up 676.08% on a year-on-year basis.

Earnings per share were CNY 0.0558, rising 675% from the corresponding period a year earlier. The net asset value per share stood at CNY 2.6257, an increase of 2.17% year on year. The net assets income ratio is 2.12%, up 1.84 percentage points from a year ago.

As of the end of the reporting period, the company saw CNY 1.713 billion in total assets, down 5.97% ...

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